Polydextrose is a carbohydrate and a non-digestible polysaccharide, used primarily as a sugar substitute. It is a linked glucose oligomer containing small amounts of sorbitol and citric acid. Mostly polydextrose is used as a low calorie bulking agent, it also is a soluble fibre and sustained prebiotic.
Major factors driving growth of the global polydextrose market include increasing prevalence of chronic diseases such as diabetes and obesity and increased health awareness which has increased demand for functional food & beverages. Rising demand for polydextrose in various end-use industries such as confectionary and bakery products, diabetic food, and low sugar products are other factors expected to support growth of this market over the forecast period.
However, several side effects associated with excessive consumption of polydextrose and complex manufacturing process are factors expected to hamper growth of the global polydextrose market over the forecast period.
The global polydextrose market has been segmented on the basis of product, application, and region. On the basis of product, the global polydextrose market is segmented into powder and liquid. Powder segment accounted for highest revenue share, as compared to liquid segment, owing to high demand in bakery and confectionary products.
On the basis of application, the global polydextrose market is segmented into nutritional food, bakery & confectionary, beverages, cultured dairy, and others. Bakery and confectionary segment accounted for highest share in terms of revenue, owing to high demand for chocolates, cakes, and candies over the globe.
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On the basis of region, the global polydextrose market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America is expected to dominate the global polydextrose market in terms of revenue, owing to high demand for functional food & beverages in countries in the region. The market in Europe is expected to account for second-highest revenue share, owing to rising demand for low sugar products and diabetic food in countries in the region.
Key players in the global polydextrose include Tate & Lyle plc, Danisco A/S, Medallion Laboratories, Baolingbao Biology Co., Ltd., Mengzhou Tailijie Co., Ltd., CJ Cheiljedang Corporation, Shandong Minqiang Biotechnology Co. Ltd., Samyang Genex Corporation, and Cargill Inc.